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To place and continuously keep on the bui!dings now a he~eafter situate on said t~nd and on all equ~pment a~d perionally covered by Ihis ma ega, with ali p~en~i~ms tAerton pa~d in full, lire insurance in ~he usual standard po~Ky lo~m, in a sum ap{xoved by Ihs MOR(GAGEE, and windsto ;nsvrsnce in ~he uaual uanc~ard pol~cy form, in a sum approved by Ihe MORTGAGEE, in suth tompany or tompa~fes af fhe MORTGAGEE m d~rect; and atl fire and windstorm insu~ance policiei on ~ny of said b~ildings, ~ny interest thrrein or part the~eof, i~ the aflgrcgate ium ~faeiaid in excess thereof, shatl contain the usual standard matgagee clause w~uch other clause as tM Mwlgagee may requirs. making the loss unde~ sa~d po c~es, each and every, payable to said A~ORTGAGEE as ib interest may +ppear, ~nd each and eve~y sucA poticy shall be p~ompuy assyned and detivered i any held by sa~J MORfGAGEf as fur~her secvrity to said matgage debt, snd, not Iess than ~en p0) daya i~ advance of the eapiralion of each policy, to d~ I~ver to sa~d MORiGAGEE a renewal thercof, togethe~ with a receipt iw the p~emivm of such rcnewal; and there shall be no f~re or windsto~m insura~t placed on any of said buildings, any interest the~ein or parf thereof, unless in the fam and w~th the toss payabte aa afwesaid; and in the event any s~n of mo~ey becomes payable under such polity or policies said MORTGAGEE shaN have ths opuon ro rec~~ve and apply the same on accovnl of the indebted nrsi secured he~eby o~ to pe~mit said MORTGAGORS ro receive and use it w•ny part thereof for o:ner pwposrs, v~+rho~t th_~co~ weiving or unpair ~ng any equ~ty, I~en oa r~ghf under w by virtua of this mo:tgage; and in the event uid MORiGAvORS shall tor any reason iait to kecp the said premisrs so ~nsured, or fail to deliver promptly any of said politiea of insurante to said MORTGAGEE, or fail promptly to Nay fulty any p~e~nium therefa a in a~y respect (ail to perform, d~scharge, execute, effect, completr, comply with and ~bide by this covenant, or any part hrreo(, said MORTGAGEE may place and pay (w such insurance or any part thereof without waiving or affec?ing any option, lien, equity, or right under or by virtue of this Mortgage, ar+d tht i~tl a~nount of each and eve~y such payment shall be immedia~ely due and payabte and shal! bear inte~est from the data thereof u~til paid a~ the rate of n~ne pa? ceNUm per annwn and togethe~ with such interes~ shal{ be srcured by the iien of Ihis mortgage. 1. 7o permit, commit or suffer no waste, impai~ment or deterioration of said property o? a~y par thereof. 5. To pay all and singulsr the costs, charges and expenses, induding a reasonable attorney's iee and costs of abstracts of title, incurred or psid st any time by said MORIGAGEE, lxcause w in the event oi the faiiuro on the part of ~he :aid MORTGAGOR to duly, promptly and fuUy perform, d~schar9e, ~xewte, eflec~, completq wmply w~th and ab;de by each and every theatipulations, agreeme~ts, tond~tions, and covenants of said promissory note and ~his ,:orrgage any or e~~her, and sa;d costs, ch~rgcs and expenses, each and eve~y, shall be immediately due and payabte; whether a not there be notice da n,znd, atrempt to co7lect or suit pendingt and 1he f~lt amount of each and every su~h payment shall bear interest from 1he datQ thereof unUl paid a1 Ihe ~.~~c ot nine per centum per annu:n; and all said tosts, charges and expenses irxurred br paid, togelher w~th such iMerest, thall be setured by ths iien of thit mortgage. 6. That (a) in the event of any breach of this Mortgage or defau)1 on the part of the MORTGAGOR, or (b) in the event aoy of sa~d sur~s of money f,erein refe~red ~o be not p~ompHy and fully paid within thirty (30) days nexi aftzr the same seve~a!ly become due and payabte, without demand o~ notice, or (c) in the event each and every ~he stipulations, agreements, conditions and covenants of sa~d paomisso?y nofe and th~s mortgage any or either are oot i~ly, prompdy and fully performed, d~scharyed, executed, effccted, compkted, compl~ed wi?h and ab~ded Sy, then in either w any such event the said ag g~rgate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall betome due and pay- a5:e forth~vith, o. thereafter, at the oprion of said MORTGAGfE, as iully and compktely as if all of ~he said suma of mooey were wiginally stipulated ro be pa:d on such day, anything in sa:d pro~nissory note or in fhis Matgage to the contrary rtetwithstanding; and ~t?ereupon or thereafter at the opt~on of s~~d MORTGAGEE, without norice or demand, suit at Iaw w in eqvity, therefwe or thereafte? begun, may be prosecuted as if all moneys se:ured hereby r:,d matured pnor to its institotion. . 7. That in the event that at the beginning of or st any time pending any auit ~pon this Mortgage, or io faeclose it, or to refwm it, w fo enforce payment of any claims hereunder, said MORTGAGEE sFwll appty to the Co~rt havi~g jurisd~ction thereo! for ?he appoinsmen! of a Receiver, such Court shall fo.rhwith appoinl n receiver oF said mortgaged property all and sing~lar, includ~ng all and singu~ar the irtcome, profits, issues and revenues lrom whatever sovrce derived, each and every of wh~ch, it being expressly understood, ia haeby mortgaged as if speufically set fwth and destribed io the grentirg and h,i~endum ctauses hereof, and such Receiver shaN have all ilx broad and effective funchons and powers in anywise entrusted by ~ Court to a Receiver, and ch appoin~ment shall be made by such Court as an admitted equity and a ma~ter of absdu~e rght ro said AM7RTGAGEE, and wiihoul refercnce to the ad~quacy or inadequacy of the value of the property mortgaged or to the solvency or insotvertcy of said MORTGAGOR or the defendants, and that such re~~+s, profirs, inco~ne, issues and revenues shall be app{icd by such Receiver acco?ding to thc lien or equity of said MORTGAGEE aod the ptattice of such CouA. 8_ To du~y, promptly and fuliy perform, d~scharge, execute, effect, complete, comply with and abide by each and every tbe stipulations, sgreements, conditions and covenants in sa~d promisswy note and this mortgage set fonh. 9. That in the event the ownership of the mortgaqed prcmises, or any part ihereof, becomes vested in a perwn other ihan the MORTGAGOR, the '.;ORTGAGEE, i~s succeuors and assigns, may, without notice to the MORTGAOR, deal with such suctessw a successw in inferest with referente to this n'orrgage and the debt hereby secured in the same manner as with Nbrtgaga without in any way vitiating p d~uF.argirg the Mortgagors' liability hero- under w upon the debr hereby secured. No sate of the prem~ses hereby mortgaged and no forbearance on the part of the MORiGAGEE w its svccessors or ass~gns and no extens~on of the Nme fa tfx payment o~ the debr hereby secured given by the MOR]GAGEE or its successors or auigns, ~'wll operate ro re~ea;e, d~scharge, modify change or affecf the original Iiability of the MORTGAGOR herein, either in whole or in part. 10. It is spec~(ically agreed that time is of the essence of this contract and that no waiver of any obligation hereunder a of the obligaYan se- cured he~eby shatt at any time thereafier be held to be a waiver of the ferms hereof or of the instrument setured heiby. Il_ In a3d,tio~ to the forego'ng month!y payments of princ"pa~ and interest required by the prom~ssory note secured hereby, mortgaqor covenanis ~~:d agrces to pay to mortgagee rcith each monthly payraeM an addrtional sum estimated by mortgagee to be equal to 1; 12 of the annual cost of the follow- A-All real property taxrs levied or assessed agai~st the above destribed reat estate_ B-Prem,iu~ns on fire and windstor~n insurarce as herein requ~red to be carried on the improveme~ts situate o~ the above dascribad p?emises. C-Premiums on such mortgage guaranty insuran~e as rtwrtgagee shall from time to time deem fit to carry on the loan set~red hereby. Mortgagee shail from time to time notify morigagor in writing of the arr.ount due ar+d payable hereunder and such sum shail thereupon be due and ;.a~abte o~ the due cate of ths next monthly payment and each successive month thereaff:r ur.til mortgagee shall notify mortgagw of a change in such ~•ount. $uch sums sF.a11 be app!ied by mortgagee toward the payment of real property taxes, insurance prem:ums, a~xl matgage guaramy insurance ~~miums. fN LVITNESS WHEREOF, fhe said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~~i , Sealed and d' ered in the presence of: ~ ~ ° ~r`~ I J t~~/~ t5 ~ - ea R' hard D ier ~,p , QQt.cr.? ;e.t~V rsea0 ~ _ Grover pozier ~~,q STATE Of FLORIDA COUNTY OF _ $t . L.Z1C 1Q ~ ~ Before me personally appeaaed Rirhard Dozier a~ Grover pozier his wife, to me wetl known ~d known to me to be the individuals described in and who executed the fwegoing instrument, and acknowledged befwe rm that they exewted tta same fa fhe purposes f ~herein expressed. And the said Grover pozier Richard Dozier ~ wife of rhe sa~d ~~~ppq~a aepar~fe ird privste eram;narion by me taken separate a~d apart from her said husband, atk~owledged to and before me that she exetDt` yR~ irotrum~t?~~ftPety and volun- raniy and w~thout any co:npulsion, constraint, apprehen3~~on, or rfear of w from hcr said husband. Jul ~ 1-, ~ r WIThE55 my hand and offiual xal this c1_f ~~T day of ' ~~•~R D. 1972 i ~7 . . - ~~~~~:J - = Notary Public in and tur the'.Sta 11 ~a+Cb~tgg My Commisian expires: ~ t ~L _ Retum To: • _,s"~ ~ First Federal Savings ~ loan Associat~on ' ' OF Fort P:orce. , • / fort Pierce, Florida ` ~ ~ J ' F ~,~p AMO RECOROf~ I - t 5~. ~1iC1E COW1tr i U ltpGER POttftAS L This Instrument Prepared By Gaty F. Ellv?ood CIENK CIRCUI? ~'OURT First Federaf Savings 8~ Loan Association RECORO YERIFIEO • ` of Fort Pierce ~ FloZida ~ ~ 2~ 2 s9 eN 1Z ` Checked 8y ,L~~ ~ soo~c 20~ r~~~~233813 ~ ~ _ - - - - - - _ } r ~ - ~ _ ~s3~~~ ~ = - -